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Blog

Finance
US formally removes Uganda from Agoa

The United States has officially struck off Uganda and three other African countries as...

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January 4, 2024

Business
Umeme buyout to cost Uganda $225 million

Uganda estimates it will pay power distributor Umeme Limited about $225 million to allow the...

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January 3, 2024

Business  ·  Finance
Saudi Aramco hikes diesel rates for domestic consumers by 53%

Saudi Aramco has hiked retail diesel prices for 2024 by 53% to 115 riyals ($030) a litre from SAR...

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January 2, 2024

Business  ·  Finance
Argentina pulls out of plans to join Brics bloc

Argentina’s new President, Javier Milei, has withdrawn the country from its planned entry into...

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January 2, 2024

Business  ·  Finance
Ethiopia, Egypt, and three others to join BRICS on January 1, 2024

The BRICS group is on track to double its membership as Saudi Arabia, Iran, the United Arab...

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December 29, 2023

Finance
Saudi Arabia Records a Surplus of $8.1 Billion

#SaudiArabia records a trade surplus of 30,401 billion Riyals ($81 billion) in October 2023, with...

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December 29, 2023

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